1431 4th ST Active

Redmond,OR 97756

$ 6900000

- Bed

0 Bath

18862 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 18,862 sqft

Price per Sqft $365

Subdivision Rennolds Acres

MLS Listing ID 220170855

Style Contemporary,Prairie

Year Built 2023

Annual Tax Amount $8,212

Lot Size 0.690 Acres

Acres 0.69

Lot Dimensions 0.69

Property Description

Here it is..But with a new futuristic, versatile twist! The Urban interior style merges with contemporary design. Bringing a fresh industrial design and change to the Real Estate Investment Business. Welcome to Red Cedar Apartments. Each unit is uniquely designed with a studio on the garage floor that is fully self-contained, separate living space furnished with washer/dryer, and kitchenette. There is a total of 20 units with 12 currently leased at top rents! The Duplexes w/ 8 doors will be complete by Dec. 2023. 2 units already have deposits down and applications are still coming in, good chance these units will be leased before completion! Each building is individually platted and separately metered so buildings CAN BE BOUGHT SEPERATLY. Extremely low maintenance throughout the entire property, with a location that caters to almost any desire. Just minutes away from Restaurants, Schools, Stores, Coffee Shops, Dry Canyon Trails, & only seconds away from Hospital & Hwy 97 access.

Location

State OR

County Deschutes

Community Rennolds Acres

Rooms

Basement None

Interior

Interior Features Breakfast Bar,Ceiling Fan(s),Double Vanity,Enclosed Toilet(s),Fiberglass Stall Shower,In-Law Floorplan,Kitchen Island,Linen Closet,Open Floorplan,Pantry,Primary Downstairs,Shower/Tub Combo,Solid Surface Counters,Vaulted Ceiling(s),Walk-In Closet(s)

Heating Ductless,Electric

Cooling Ductless,Heat Pump

Window Features Double Pane Windows,Vinyl Frames

Exterior

Parking Features Asphalt,Assigned,Attached,Concrete,Garage Door Opener,On Street,Storage

Roof Type Composition

Building

Lot Description Landscaped,Level

Entry Level Three Or More

Foundation Stemwall

Builder Name Timbergon Inc

Water Public

Architectural Style Contemporary,Prairie

Structure Type Frame

New Construction Yes

Schools

High Schools Check With District

Others

Senior Community No

Tax ID 122318

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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